293
293
Oct 7, 2012
10/12
by
KPIX
tv
eye 293
favorite 0
quote 0
me has to sock it to the middle class or explode the deficit. > deficit. >> reporter: what you're saying it it is unrealistic-- >> i'm saying it's impossible, not unrealistic. >> when president obama said in 2008 i'm going to cut the deficit in half, i'm going to close guilt me, people-- gitmo, people said-- did not sigh he was not telling the truth. >> closing gitmo involved congress and he couldn't get them to do that. the math, people over $200,000, and you still have a trillions of dollars hole, and he hasn't named the deductions he would close. this is a shell game, john. whichever shell you pick up, the middle class loses. the economy will lose, and i think that this is going to catch up with him. >> schieffer: what did the president think of his performance? >> i think the president understands-- you know, the president is his harshest critic, and without getting into detail, i think you can assume he has reviewed the tape and it will inform how he handles these subsequent debates. >> schieffer: do you think he was ill prepared. some are saying it was the people who prepared him.
me has to sock it to the middle class or explode the deficit. > deficit. >> reporter: what you're saying it it is unrealistic-- >> i'm saying it's impossible, not unrealistic. >> when president obama said in 2008 i'm going to cut the deficit in half, i'm going to close guilt me, people-- gitmo, people said-- did not sigh he was not telling the truth. >> closing gitmo involved congress and he couldn't get them to do that. the math, people over $200,000, and you still...
185
185
Oct 9, 2012
10/12
by
KPIX
tv
eye 185
favorite 0
quote 0
. >>> controlling the deficit is one of the key issues of campaign 2012. this week, a group of bipartisan senators is meeting in virginia to try to keep the nation from falling off the so called fiscal cliff. the group of eight senators, four republicans and four democrats, is expected to meet for three days to try and reach a deficit reduction proposal that's acceptable to congress and the president. the fiscal cliff refers to budget control measures scheduled to take effect at year's end, including tax increases and spending cuts. >>> today attack now on the u.s. consulate in libya. one of the men responsible for the security of u.s. diplomatic in libya said he knew there were security issues there long before the deadly attack in benghazi. he's scheduled to testify tomorrow. sheryl atkinson has his story. >> reporter: lieutenant colonel andrew wood last set foot in libya in february to elite a security team with expertise in counterterrorism. from the moment he arrived, he says he saw chaos. >> shooting instances occurred. many instances involving the l
. >>> controlling the deficit is one of the key issues of campaign 2012. this week, a group of bipartisan senators is meeting in virginia to try to keep the nation from falling off the so called fiscal cliff. the group of eight senators, four republicans and four democrats, is expected to meet for three days to try and reach a deficit reduction proposal that's acceptable to congress and the president. the fiscal cliff refers to budget control measures scheduled to take effect at year's...
321
321
Oct 12, 2012
10/12
by
KPIX
tv
eye 321
favorite 0
quote 0
my-- the idea that they're so concerned about these deficits. as i pointed out, he voted to put two wars on a credit card. he did. >> we're going to the closing statements. >> just a second. >> you're going to have your closing statement. >> not raising taxes is not cutting taxes. by the way our budget. >> we have not raised taxes. >> 3% a year instead of $4.5%. >> not spend-- >> let me-- i want to talk to you very briefly before we go to closing statements about your own personal character. if you are elected, what could you both give to this country as a man, as a human being, that no one else could? >> honesty. no one else could? there are plenty of fine people who could lead this country. but what you need are people who when they say they're going to do something, they go do it. what you need are when people see problems, they offer solutions to fix those problems. we're not getting that. look, we can grow this economy faster. that's what our five-point plan for a stronger middle class is about. 12 million jobs, higher take home pay, gettin
my-- the idea that they're so concerned about these deficits. as i pointed out, he voted to put two wars on a credit card. he did. >> we're going to the closing statements. >> just a second. >> you're going to have your closing statement. >> not raising taxes is not cutting taxes. by the way our budget. >> we have not raised taxes. >> 3% a year instead of $4.5%. >> not spend-- >> let me-- i want to talk to you very briefly before we go to closing...
200
200
tv
eye 200
favorite 0
quote 0
the deficit then was nearly as big and that deficit was almost erased. how did roosevelt do that? created social security and levied heavier taxes, programs for housing and agriculture, put new controls over banks, public utilities and created enormous work relief programs for the unemployed. sounds similar to the president's proposals today, but unlike the last four years fdr saw the unemployment drop, millions of jobs created, gdp jumped, the deficit shrank and the middle class saw a huge expansion that lasted for decades, a building of the middle class that's the envy of the world or used to be. peter, peter morici, can this feat of rebuilding the middle class and reducing the deficit, can that happen again? >> absolutely, but we have to remember that roosevelt inherited a very small government, so expanding it wasn't the rock on the back of the private sector. a more comparable situation was reag reagan's dilemma, inherited an economy with double digit inflation and interest rates and unemployment that peaked at 10.8%, not 10 as mr. obama's did, but hy he took his stimulus in
the deficit then was nearly as big and that deficit was almost erased. how did roosevelt do that? created social security and levied heavier taxes, programs for housing and agriculture, put new controls over banks, public utilities and created enormous work relief programs for the unemployed. sounds similar to the president's proposals today, but unlike the last four years fdr saw the unemployment drop, millions of jobs created, gdp jumped, the deficit shrank and the middle class saw a huge...
343
343
Oct 6, 2012
10/12
by
WMPT
tv
eye 343
favorite 0
quote 0
one is deficit reduction, one is tax cuts. cuts ie w we'll do deficit reduction. gwen: there's anoth numbe $716 million to deal with medicare but it's coming from different places and going to different places and trefore th fin - of de u in a draw. >> for the president's health care plan, in order to fund it they assumed savings over 10 years of $716 billion for medicare. mitt romney called that a cut in medicare as if it was a cut in beneficiaries. it's meant to come from providers. however, what romney was saying is that if you take that much from providers, some of them are going to stop taking medicare parents. the trick for him is that paul ryan, his running mate, also assumed the same $716 billion. gwen: and i believe romney's answer to that was i'm the candidate. >> i'm the boss. we're going to put that money back into medicare. gwen: going into these debates we were all probably guilty of setting the expectations bar and it was pretty high for president obama. i think the polls before showed him like 51% thought he was going to win. win.thought romney was
one is deficit reduction, one is tax cuts. cuts ie w we'll do deficit reduction. gwen: there's anoth numbe $716 million to deal with medicare but it's coming from different places and going to different places and trefore th fin - of de u in a draw. >> for the president's health care plan, in order to fund it they assumed savings over 10 years of $716 billion for medicare. mitt romney called that a cut in medicare as if it was a cut in beneficiaries. it's meant to come from providers....
342
342
Oct 8, 2012
10/12
by
KPIX
tv
eye 342
favorite 0
quote 0
we have to recognize we have a $1 trillion annual deficit. unless we deal with ways of getting revenue and cut spending we'll be in a bad situation in our country for quite some time. carried interest shouldn't be singled out. everything shoulgd be looked at. >> due agree it should be taken out. everything should be looked at. but with respect to carried interest. >> carried interest won't solve the problem. we have a $1 trillion annual deficit. carried interest would carry about one tenth of 1%. we should solve the deficit. >> it sounds like you say keep it. >> i'm saying look at everything but look at it in the context what it will kofl. our bigger is not carried interest it's the deficit and the $16 trillion of debt. that's a far greater problem. >> what would you do and what would you recommend whoever the next president do to solve the fiscal cliff crisis? >> first what i would recommend and again i was in government and i didn't solve all these problems so i'm not a person that has all the solutions but what i would recommend the next p
we have to recognize we have a $1 trillion annual deficit. unless we deal with ways of getting revenue and cut spending we'll be in a bad situation in our country for quite some time. carried interest shouldn't be singled out. everything shoulgd be looked at. >> due agree it should be taken out. everything should be looked at. but with respect to carried interest. >> carried interest won't solve the problem. we have a $1 trillion annual deficit. carried interest would carry about...
93
93
Oct 10, 2012
10/12
by
WJLA
tv
eye 93
favorite 0
quote 0
the new that he was driving our deficit. -- who knew that he was driving our deficit? a new obama campaign at mitt romney campaign week.ent last we have one out of six in poverty, 47 on food stamps, and the s timeent is spending hi saving big bird. i will spend my time talking jobs.saving but the latest polls show both neck-and-neck. you can watch the debate right thursday at 9:00 on abc 7. during that debate, we invite onto wjla.com and you us your instant reaction. >> of former cancer patient is out raged while trying to take a trip to paradise. hear what she said she was do at the airport. i'm barack obama, and i approve this message. "i'm not in favor of a $5 trillion tax cut. that's not my y plan." mitchell: n"the nonpartisan tax policy center concluded that mitt romney's tax plan would cost $4.8 trillion over 10 years." vo: why won't romney level with us about his tax plan, which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trushim here... how
the new that he was driving our deficit. -- who knew that he was driving our deficit? a new obama campaign at mitt romney campaign week.ent last we have one out of six in poverty, 47 on food stamps, and the s timeent is spending hi saving big bird. i will spend my time talking jobs.saving but the latest polls show both neck-and-neck. you can watch the debate right thursday at 9:00 on abc 7. during that debate, we invite onto wjla.com and you us your instant reaction. >> of former cancer...
210
210
Oct 11, 2012
10/12
by
KPIX
tv
eye 210
favorite 0
quote 0
right now, the giants are hoping to be the first national league team to rally from an 0- 2 deficit. despite the rocky start fans hope for smooth sailing. >> i wasn't going to give up on them but it wasn't anything that you were expecting just, you know, i just thought it was amazing what they did the last two days. >> reporter: there will be no tailgating outside. fans are holed up indoors some at sports bars, some at home and for those at work, well, i have to ask, are you really going to be working today at 10:00? >> i'm going to try. we have a conference room booked up for a meeting but we're going to be watching the game at work. [ laughter ] >> reporter: so you're not going to be working today? >> not for the morning at all. >> reporter: the excitement extends across the bay bridge. the oakland as have its own do or die game tonight. >> at the end of the day we're not supposed to be here. we're both down both teams but, you know, that's the resilience that we have. >> it's more about the city because, you know, we have always been put down kind of and so now we're showing every
right now, the giants are hoping to be the first national league team to rally from an 0- 2 deficit. despite the rocky start fans hope for smooth sailing. >> i wasn't going to give up on them but it wasn't anything that you were expecting just, you know, i just thought it was amazing what they did the last two days. >> reporter: there will be no tailgating outside. fans are holed up indoors some at sports bars, some at home and for those at work, well, i have to ask, are you really...
135
135
Oct 6, 2012
10/12
by
WETA
tv
eye 135
favorite 0
quote 0
you said you would cut the deficit in half. we still have trillion dollar deficits. >> five weeks before the election, he says his big bold idea is, never mind. >> if there is any good news for the president after the debate is that the unemployment rate dropped below 8% from 8.1%, to 7.8%, the lowest since he took office. jonathan martin was on the ground for the debate in denver. you say romney took the debate stage with the top republican verging on panic. did this turnaround for them? >> they are backing away from the edge. there is no question that this was a make or break moment for governor romney. if he had not shown up like he did in denver, you would have seen a really ugly scene here. a lot of folks in his party would have backed away from him. this puts him back in the game, it restores confidence among other people running for the house and senate this year who are now happy to be seen with him. it gives them a real boost when they desperately need it. he still has problems and a lot of swing states. this puts them
you said you would cut the deficit in half. we still have trillion dollar deficits. >> five weeks before the election, he says his big bold idea is, never mind. >> if there is any good news for the president after the debate is that the unemployment rate dropped below 8% from 8.1%, to 7.8%, the lowest since he took office. jonathan martin was on the ground for the debate in denver. you say romney took the debate stage with the top republican verging on panic. did this turnaround for...
285
285
Oct 12, 2012
10/12
by
KPIX
tv
eye 285
favorite 0
quote 0
giants win 6-4 and come back from a two game deficit to win the series. in washington the nationals keep their post-season dreams alive. a walkoff home run. nats stop the card 2-1 and force a decisive game five tonight. in the nfl the steelers go on the road to face the titans, pittsburgh up by a touchdown in the fourth quarter. tennessee ties it on a five yard touchdown catch. steelers trying to take the lead with a late field goal. and coming up short on a 54-yard. that gives the titans one more shot. titans win it 26-23. we'll talk about this. let's talk about michael vick. he's now a dog owner. he spent time in prison on dogfighting charges. he's not allowed to have a dog during probation. he said he wants his children to develop a healthy relationship with animals. this week he was questioned about whether he owned a dog after a picture showed him with an open box of dog biscuit on the table. if you look closely it's there on the table. i thought michael vick liked dog biscuits. i wouldn't have known any better. when we come back small town shocker,
giants win 6-4 and come back from a two game deficit to win the series. in washington the nationals keep their post-season dreams alive. a walkoff home run. nats stop the card 2-1 and force a decisive game five tonight. in the nfl the steelers go on the road to face the titans, pittsburgh up by a touchdown in the fourth quarter. tennessee ties it on a five yard touchdown catch. steelers trying to take the lead with a late field goal. and coming up short on a 54-yard. that gives the titans one...
229
229
Oct 14, 2012
10/12
by
CNNW
tv
eye 229
favorite 0
quote 0
that means the deficit would rise by $6.7 trillion. it's a good first step, but budget experts say that's still too high. mitt romney, meanwhile, has focused on the cuts. his economic plan, 55% of it cap spending at 20% gdp but his plan avoid cutting from defense. mitt romney says he would approve a balanced budget plan that only spends as much as it takes in, and he would also pursue entitlement reform. mitt romney's issues are taxes. romney's plan called for a 20% tax cut across the board. he said he would balance the loopholes and he said he would take care of the middle class family. but it's impossible to lower rates without taking money from low and middle income families. his plan would leave debt at 85% gdp by the end of the decade. we've been telling you also about the fiscal cliff. budget cuts will take place at the beginning of next year unless congress acts. president obama or president romney will need to worry about a rescisicessionrecession. they won't need to worry about a deficit. it would fall this year if we fell off
that means the deficit would rise by $6.7 trillion. it's a good first step, but budget experts say that's still too high. mitt romney, meanwhile, has focused on the cuts. his economic plan, 55% of it cap spending at 20% gdp but his plan avoid cutting from defense. mitt romney says he would approve a balanced budget plan that only spends as much as it takes in, and he would also pursue entitlement reform. mitt romney's issues are taxes. romney's plan called for a 20% tax cut across the board. he...
157
157
Oct 8, 2012
10/12
by
KCSM
tv
eye 157
favorite 0
quote 0
he proposes tax deductions in real-estate to reduce the deficits. what this means is, over time, $45 billion over the next decade. >> we are running short on time. the dough and paul debate. >> this is a deadly earnest. how they can justify raising taxes on the middle-class, who have been buried the last four years. how, in lord's name, can they justify raising their taxes? >> vice-president biden just today said that the middle-class over the last of we were years has been ". ." we agree. that means we need to stop digging by electing mitt romney the next president of the united states. >> what did you think, jonathan? >> you talk to a lot of folks in the romney campaign and they say joe biden is the gift that keeps on giving. you saw him pause when he said four years. i think he meant to say the last 10 years, and it came out wrong. this is fodder for the obama campaign. it will not change, i do not think, in a huge way, the course of events, but there is no question the obama campaign folks, every time biden is out there, they are nervous about w
he proposes tax deductions in real-estate to reduce the deficits. what this means is, over time, $45 billion over the next decade. >> we are running short on time. the dough and paul debate. >> this is a deadly earnest. how they can justify raising taxes on the middle-class, who have been buried the last four years. how, in lord's name, can they justify raising their taxes? >> vice-president biden just today said that the middle-class over the last of we were years has been...
189
189
Oct 12, 2012
10/12
by
KPIX
tv
eye 189
favorite 0
quote 0
we have come down from four runs, five run deficit and two- run deficit isn't enough to hold us right now. >> wins are always good. it means you get to play another day. >> reporter: all right. so dennis, if the as win they will make the legal championship series and they announce that the tarps along the first and third base side are going to come off the ones at mount davis will remain and dennis, get out your parachute pants because mc hammer is throwing out the first pitch tonight for game five. >> i'm really torn, vern. have a great time. see you out there in about a half hour. fans will have to make a choice. you watch the as game or a big debate? >> two tvs! >> picture in picture. >> thank you. >>> all right. in fact, speaking of that, let's go live to danville kentucky where the vice- presidential candidates will share the stage. less than an hour from now, this is going to be their one and only debate. cbs 5 political reporter grace lee tells us what we can expect tonight. grace. >> reporter: allen, vice president joe biden will get the first question tonight and he is also g
we have come down from four runs, five run deficit and two- run deficit isn't enough to hold us right now. >> wins are always good. it means you get to play another day. >> reporter: all right. so dennis, if the as win they will make the legal championship series and they announce that the tarps along the first and third base side are going to come off the ones at mount davis will remain and dennis, get out your parachute pants because mc hammer is throwing out the first pitch...
165
165
Oct 12, 2012
10/12
by
FBC
tv
eye 165
favorite 0
quote 0
compared to a $63 billion deficit in september last year. the swing due to some accounting items mainly. the biggest, a shift in $60 billion in some government benefit payments from september to august because of some holidays and timing issues. the administration is projecting an end to trillion dollar deficits for this fiscal year, 2013. which deban october 1st. in its last budget forecast a projected deficit of 2013, of just 991 billion. ashley: four years of a budget deficit top ad trillion dollars. that is remarkable. peter barnes, thank you. liz: came down a little. ashley: come on. liz: silver lining. ashley: we'll take it. up next, a look at stories you need to keep an eye on next week. liz: plus 99 cents only stores looking to move into some pretty expensive territory. better known for luxury shops like gucci, prada, louis vuitton. will they even let them in? we'll tell you where, stay tuned. ♪ ashley: let's go off the desk. mitt romney's call to end funding to pbs continues to ruffle some feathers. did you know big bird is part o
compared to a $63 billion deficit in september last year. the swing due to some accounting items mainly. the biggest, a shift in $60 billion in some government benefit payments from september to august because of some holidays and timing issues. the administration is projecting an end to trillion dollar deficits for this fiscal year, 2013. which deban october 1st. in its last budget forecast a projected deficit of 2013, of just 991 billion. ashley: four years of a budget deficit top ad trillion...
146
146
Oct 13, 2012
10/12
by
CNN
tv
eye 146
favorite 0
quote 1
finally let's take a look at the deficit. romney is planning to cut a lot more than funding to big bird and pbs. his plans include repealing obama care, reducing foreign aide and privatizing amtrak. you may notny that's that big of a deal. i use it all the time. romney says privatizing it will save $1.3 billion. the budget is made up a lot of small things. however he does it, his goal is to reduce government spending to 20% of gdp. gdp is the biggest measure of everything we produce in society. he wants to do that by the end 6 his first term. right now government spending is at 25% of gdp. let's shed some more light on what romney's america would look like. kevin hassette is an economic adviser for mitt romney. stevon moore is an editorial writer for "the wall street journal." my good friend christine romans is the host of "your bottom line" right here on cnn. folks, no party or ideological spin today, no using the name obama or the term democrat. pain the me a picture of what the world looks like under romney four years from
finally let's take a look at the deficit. romney is planning to cut a lot more than funding to big bird and pbs. his plans include repealing obama care, reducing foreign aide and privatizing amtrak. you may notny that's that big of a deal. i use it all the time. romney says privatizing it will save $1.3 billion. the budget is made up a lot of small things. however he does it, his goal is to reduce government spending to 20% of gdp. gdp is the biggest measure of everything we produce in society....
157
157
Oct 8, 2012
10/12
by
FOXNEWSW
tv
eye 157
favorite 0
quote 0
is surplus into a huge deficit. in n. paying deficit down you should score the fact we are coming out of iraq and afghanistan. the other thing that the president has proposed and that he he understands is we cannot cut our way to prosperity. we need a balanced approach and growing our economy by doing things leak the senator opposed like restructuring the auto industry in order to put people back to work and make manufacturing jobs grow is one of the actions we need to take in order to do that. the fact of the matter is the president because he has the responsibility of office has been specific about what he proposes and mitt romney tells us to trust him. his plan is hiding behind door number three with carroll merrill and his undisclosed tax returns. >> chris: i'm glad you practiced the line. >> the lines are great. his budget tax increase on job creators. budget gimmicks brings us to $25 trillion in debt over ten years. this president has added more are debt than any other president -- >> not true. >> he said he w
is surplus into a huge deficit. in n. paying deficit down you should score the fact we are coming out of iraq and afghanistan. the other thing that the president has proposed and that he he understands is we cannot cut our way to prosperity. we need a balanced approach and growing our economy by doing things leak the senator opposed like restructuring the auto industry in order to put people back to work and make manufacturing jobs grow is one of the actions we need to take in order to do that....
294
294
Oct 9, 2012
10/12
by
KPIX
tv
eye 294
favorite 0
quote 0
. >> in division history only four teams have come back from a 2-0 deficit. >> let's make it five and six. >> which team do you think can do it? >> i'm a big guy. love the a's. both these teams can come up off the mat. the a's have a better shot because they're big hitters. >> they have big power. i want to thank everybody to walked in the alzheimer's walk. we raised $850,000. and you can still contribute as we continue our search to find a cure for alzheimer's. >> good work you do. >> thank you everybody who participated. that's awesome. you've been so dedicated to that cause. >> it's a good cause. >> and maybe
. >> in division history only four teams have come back from a 2-0 deficit. >> let's make it five and six. >> which team do you think can do it? >> i'm a big guy. love the a's. both these teams can come up off the mat. the a's have a better shot because they're big hitters. >> they have big power. i want to thank everybody to walked in the alzheimer's walk. we raised $850,000. and you can still contribute as we continue our search to find a cure for alzheimer's....
331
331
Oct 7, 2012
10/12
by
WBFF
tv
eye 331
favorite 0
quote 0
our surplus, into a huge deficit. so, in paying the deficit down, you should score the fact that we are coming out of iraq and afghanistan. and, the other thing that the president has proposed and understands, is, that we cannot cut our way to prosperity. we need a balanced approach. and, growing our economy, by doing things like the senator does, like restructuring the auto industry, in order to put people back to work, and make manufacturing jobs grow, is one of the actions that we need to take, in order to do that. but, the fact of the matter is, the president because he has the responsibility of office, has been specific about what he proposes and mitt romney tells us, to trust him, with his plan, it is hiding behind door number 3, with carol merrill and his undisclosed tax returns. >> you know... really, the lines are great, but, chris, the bottom line is this: his budget, tax increase on i don't believe creators, budget gimmicks, and, brings us to $25 trillion in debt over ten years. in fact, this president has
our surplus, into a huge deficit. so, in paying the deficit down, you should score the fact that we are coming out of iraq and afghanistan. and, the other thing that the president has proposed and understands, is, that we cannot cut our way to prosperity. we need a balanced approach. and, growing our economy, by doing things like the senator does, like restructuring the auto industry, in order to put people back to work, and make manufacturing jobs grow, is one of the actions that we need to...
33
33
tv
eye 33
favorite 0
quote 0
that is a big problem but when you come to the question what are they willing to do to cut the deficit then for the republicans it's even worse they want to slash taxes for the rich and obama and the democrats want to raise taxes for the people who can really afford to pay a little bit more ok because of your last word before we go and before we go to break a hand gentlemen. well the fact is we don't know what obama would do a second term in the first term is very constrained to a large extent by getting elected in a second term and the other one people overlook is they see obama as a standard mainstream american that they grew up in hawaii in a very different culture we don't know what barack obama really expects that is quite possible that he's a populist on the scale ok gentlemen we have to go to a short break and after that show break we'll continue our discussion on the us political system state. and. secret laboratory. to build the world's most sophisticated robots which unfortunately doesn't do anything. to teach the creation why it should care about humans and. this is why you
that is a big problem but when you come to the question what are they willing to do to cut the deficit then for the republicans it's even worse they want to slash taxes for the rich and obama and the democrats want to raise taxes for the people who can really afford to pay a little bit more ok because of your last word before we go and before we go to break a hand gentlemen. well the fact is we don't know what obama would do a second term in the first term is very constrained to a large extent...
82
82
Oct 10, 2012
10/12
by
FBC
tv
eye 82
favorite 0
quote 0
if you look at that looming debt and deficit, as far as the eye can see, i think we all realize that in negotiated settlement is going to have to be reached. we have a spending problem in washington. we are cutting as much an even more bad, but at some point i think we are going to realize that the revenues are going to need to us match the -- to come up a bid to match -- neil: some revenues and taxes in that equation. >> of eliminating some of the loopholes and special interests were government is forging the behavior and punishing bad behavior, is that we want to do? no. i think we can simplify and make it fair. by that we would give greater revenues. >> it sounds like it does commission point of view. enough of us know we have to pony up and get over ourselves and so the big problems. neil: whenever you do or a lame-duck session does, we won't be here december 301st. >> is heavily hope not. i think that leads -- we already have uncertainty. this brings more. lack of faith. possible downgrade. i don't think we consummate that and i don't think we should. we at least but to next yea
if you look at that looming debt and deficit, as far as the eye can see, i think we all realize that in negotiated settlement is going to have to be reached. we have a spending problem in washington. we are cutting as much an even more bad, but at some point i think we are going to realize that the revenues are going to need to us match the -- to come up a bid to match -- neil: some revenues and taxes in that equation. >> of eliminating some of the loopholes and special interests were...
108
108
Oct 9, 2012
10/12
by
CSPAN
tv
eye 108
favorite 0
quote 0
we did not seek to reduce the deficit. simpson-bowles seeks to cut the top rate and reduce the deficit but did not shield the middle class. we need a third approach that project -- prioritizes reducing the deficit and protecting the middle class and is willing to forgo a reduction in the top rate and that is what i am proposing today. what should this proposal look like? it would have three principles -- first, as in 1986, it still makes sense to reduce the number of expenditures in the code to the extent possible. in figuring out which credits and deductions to eliminate, we must draw a line when it comes to protecting the middle class. we must understand that many of the expenditures in the tax code are not loopholes at all. tax preferences, things like a college education and retirement savings belong in the tax code even after reform happens. they were put in the code on purpose, to make a middle-class lifestyle accessible and sustainable for american families. tax reform recognized this in 1986. even as we cleared out
we did not seek to reduce the deficit. simpson-bowles seeks to cut the top rate and reduce the deficit but did not shield the middle class. we need a third approach that project -- prioritizes reducing the deficit and protecting the middle class and is willing to forgo a reduction in the top rate and that is what i am proposing today. what should this proposal look like? it would have three principles -- first, as in 1986, it still makes sense to reduce the number of expenditures in the code to...
143
143
Oct 8, 2012
10/12
by
CSPAN
tv
eye 143
favorite 0
quote 0
budget deficit. he can do that, he says, by capping the value of tax breaks available to the individual taxpayer. this plan would up and financial planning for millions of middle- class households. up and the financial planning? guest: there would be a dramatic change. whether that is the right way to limit tax preferences can be debated. host: tell us what his cap means. when i go to pay my taxes? guest: it does not pay 70% of taxpayers, who take the standard deduction. that is still mostly lower and middle-income taxpayers. it would affect those who deduct their charitable contributions, mortgage interest, and state and local taxes. i'm not certain how the romney campaign has labeled it. what it is to say is that there would be a cap, $17,000. during the debate here for to a $25,000 as a possible value -- there is uncertainty there. but you can claim this deduction is up to that amount. if you have deductions over that, it would be gone. for opera-income people, if you have a cap, most of the top 2
budget deficit. he can do that, he says, by capping the value of tax breaks available to the individual taxpayer. this plan would up and financial planning for millions of middle- class households. up and the financial planning? guest: there would be a dramatic change. whether that is the right way to limit tax preferences can be debated. host: tell us what his cap means. when i go to pay my taxes? guest: it does not pay 70% of taxpayers, who take the standard deduction. that is still mostly...
173
173
tv
eye 173
favorite 0
quote 0
debate flop, they realize a new ad using big bird to sarcastically distort governor romney's approach to deficit reduction. >> one man has the guts to speak his name. >> big bird. >> it is me, big bird. >> big, yellow, a menace to our economy. lou: governor romney mentioning big bird in last week's debate as he proposed cuts and funding to the public broadcasting system among a whole bunch of other cuts, it has not stopped sesame workshop from objecting to the president's campaign ad, the nonprofit organization wrote quote, we have approved nong campaign add and as of our general practice, have requested that they be taken down, big bird joining the aarp, and a cincinnati deli owner and nbc's andrea mitchell on the list of people who' the obama campaign to just leave them out of the obama campaign, bad news piling up for the president, some of his most reliable brends hitting him hard, little bi politic coct small ball. and the silly obama campaign. and nbc news called ad absurd, their chief white house correspondent chuck todd said, quote, when can the obama campaign going to stop talking about
debate flop, they realize a new ad using big bird to sarcastically distort governor romney's approach to deficit reduction. >> one man has the guts to speak his name. >> big bird. >> it is me, big bird. >> big, yellow, a menace to our economy. lou: governor romney mentioning big bird in last week's debate as he proposed cuts and funding to the public broadcasting system among a whole bunch of other cuts, it has not stopped sesame workshop from objecting to the...
72
72
Oct 13, 2012
10/12
by
FBC
tv
eye 72
favorite 0
quote 0
turning to the deficit the numbers e in the 2012 budget deficit is actually slightly better than expected. it was only 1.1 dollars, versus $1.1 trillion deficit. what a deal! it is a trillion dollars for every year president obama has been in office. we'll crunch the number to see what they mean for the average taxpayer. we have gretchen hamel from public nice. thanks for coming back on the program. it is a staggering number. not as horrible as it could have been. how would you characterize it? >> i think it is pretty bad. 42 out of the 4 months the president has been in office he has run a deficit. i think when we're $16 trillion in debt it has an effect on the economy. even most economists say when the debt is greater than 90% of the gdp you start to see a slowing. right now our debt is over 100% of our gdp. melissa: break down why you see the slowing. i think when we talk about these numbers to the average person it sounds like monopoly money. it is such a huge number you could never break it back. if you break it down, 3500 per person. 3468 to be exact. during the time president obama
turning to the deficit the numbers e in the 2012 budget deficit is actually slightly better than expected. it was only 1.1 dollars, versus $1.1 trillion deficit. what a deal! it is a trillion dollars for every year president obama has been in office. we'll crunch the number to see what they mean for the average taxpayer. we have gretchen hamel from public nice. thanks for coming back on the program. it is a staggering number. not as horrible as it could have been. how would you characterize it?...
88
88
Oct 14, 2012
10/12
by
WJLA
tv
eye 88
favorite 0
quote 0
obama's four deficits are the four largest in us history. he's adding almost as much debt as all 43 previous presidents -- combined. and over 30 cents of every dollar obama spends is borrowed. much of it from countries like china. he's not just wasting money he's borrowing it and then wasting it. we can't afford four more years. [ romney ] i'm mitt romney and i approve this messe. when we switched to fios, we got better tv, better phone better internet. [ male announcer ] it's time to get more for our money. upgrade to verizon fi internet, tv anand phone with our best price online: just $84.99 a month, guaranteed for one year with no annual contract. internet is absolutely imperative for school nowadays. look up this, write an essay on that. my life is greatly improved because of fios. [ male announcer ] don't wait! switch to fios for a super-low $84.99 a month for a year with no annual contract. visit verizon.com/superoffer. contact the verizon center for customers with disabilities welcome to life on fios. at 800-974-6006 tty/v. this year,
obama's four deficits are the four largest in us history. he's adding almost as much debt as all 43 previous presidents -- combined. and over 30 cents of every dollar obama spends is borrowed. much of it from countries like china. he's not just wasting money he's borrowing it and then wasting it. we can't afford four more years. [ romney ] i'm mitt romney and i approve this messe. when we switched to fios, we got better tv, better phone better internet. [ male announcer ] it's time to get more...
150
150
Oct 9, 2012
10/12
by
KPIX
tv
eye 150
favorite 0
quote 0
healthwatch on this tuesday, there may be a link between exposure to mercury during pregnancy and attention deficit hyperactivity disorder in children. a new study looked at 400 children and found an increased risk of adhd behavior in children whose mothers had high mercury levels. some fish including fresh tuna and swordfish tend to have higher levels of mercury. >>> and losing weight with a group can work with or without a health professional leading the effort. the nih funded new research comparing professionally delivered group weight loss treatment to peer-led groups such as weight watchers. study found both groups lost weight but people in peer-led treatment lost a little more. >>> alaska airlines says its flights are running close to normal after a fiberoptic outage shut down its ticketing system for more than 4 hours. the airline and its regional carrier canceled 78 flights affecting nearly 7,000 customers yesterday. more than 130 flights were still operating during the disruption. but some were delayed for as long as four hours. for as >>> well, where should you go for the best service at
healthwatch on this tuesday, there may be a link between exposure to mercury during pregnancy and attention deficit hyperactivity disorder in children. a new study looked at 400 children and found an increased risk of adhd behavior in children whose mothers had high mercury levels. some fish including fresh tuna and swordfish tend to have higher levels of mercury. >>> and losing weight with a group can work with or without a health professional leading the effort. the nih funded new...
169
169
Oct 10, 2012
10/12
by
MSNBC
tv
eye 169
favorite 0
quote 0
so mitt romney will cut the deficit by doing something that will add to the deficit. the other thing he brought up, pbs. the only specific that mitt romney gave in terms of how he will cut the deficit. the only detail he provided was that he would eliminate 1/100th of 1% of the budget. there have been lots of attempts to put the number in sper perspective. here's more. >> the federal share of the corporation for public broadcasting is about $450 million this year. that $450 million is about what the pentagon spends every six hours. >> six hours. to be clear, mr. romney and mr. ryan's idea for the deficit to save the country from fiscal disaster and pay for the stuff they want to do that's really expensive, their plan is to eliminate six hour's worth of defense spending. one-fourth of one day's worth of defense spending. at the same time, to make overall defense spending go like this. because, you know, they are the numbers guys. math. >>> i just find it troubling that the president's message -- the president's focus -- 28 days from election day is big bird. >> these a
so mitt romney will cut the deficit by doing something that will add to the deficit. the other thing he brought up, pbs. the only specific that mitt romney gave in terms of how he will cut the deficit. the only detail he provided was that he would eliminate 1/100th of 1% of the budget. there have been lots of attempts to put the number in sper perspective. here's more. >> the federal share of the corporation for public broadcasting is about $450 million this year. that $450 million is...
140
140
Oct 7, 2012
10/12
by
FOXNEWS
tv
eye 140
favorite 0
quote 0
you said you would cut the deficit in half. we have trillion-dollar deficits. cbo says we will have a trillion-dollar deficit each of the four years. you have said before, you would cut the deficit in half. i love this idea of $4 trillion in cuts and ways to reduce or get closer to a balanced budget, but we show trillion-dollar deficits every year that. doesn't get the job done. let me say, why is it that i don't want to raise taxes? why don't i want to raise taxes on people? and actually, you said it in 2010, you said, i am going to extend the tax policies i have. i am not going to raise taxes because when the economy's slow and we are in recession, you shouldn't raise taxes on anyone. the economy is still slow. as a matter of fact, it's growing more slowly now than when you made that statement. if you believe the same thing, you don't want to raise taxes on people. the reality is, it is not just donald trump you are taxing. it is all those businesses that employ one-quarter of the work fwherz america. these small businesses that are taxed as individuals. you
you said you would cut the deficit in half. we have trillion-dollar deficits. cbo says we will have a trillion-dollar deficit each of the four years. you have said before, you would cut the deficit in half. i love this idea of $4 trillion in cuts and ways to reduce or get closer to a balanced budget, but we show trillion-dollar deficits every year that. doesn't get the job done. let me say, why is it that i don't want to raise taxes? why don't i want to raise taxes on people? and actually, you...
151
151
Oct 10, 2012
10/12
by
CSPAN
tv
eye 151
favorite 0
quote 0
some serious deficit reduction. and i think when he looks at the math, if the three choices if, what i've outlined is correct and almost every expert agrees, you can only have two of those. which is the one that even he might go for? i'm not saying he will say that tomorrow. but i don't think he'll be the president so it won't matter. but that's what i think. >> does this put pressure on your colleagues? >> you know, there's no pressure i can put on them. i can propose an idea and see people grasp it. if it helps move things forward, that is my intention and i hope that's what happens. >> i want to double-check in terms of major retirement entitlement reform. one of the big issues is raising the age. are you taking it off the table? >> no, i am not taking anything off the table. i have been personally against raising the age. i continue to be. i have never on any of these issues say i will not support this bill. i don't think raising the age will happen. i think there's a lot of opposition to it. >> you just mention
some serious deficit reduction. and i think when he looks at the math, if the three choices if, what i've outlined is correct and almost every expert agrees, you can only have two of those. which is the one that even he might go for? i'm not saying he will say that tomorrow. but i don't think he'll be the president so it won't matter. but that's what i think. >> does this put pressure on your colleagues? >> you know, there's no pressure i can put on them. i can propose an idea and...